Incorporate in Ireland

Background

Ireland is located west of Great Britain in Western Europe. It is an island in the North Atlantic Ocean. The weather is overcast almost half the time of the year. The climate is also temperate maritime with cool summers and mild winters. English is the official language however Irish is widely spoken on the western seaboard. The government type is republic. The capital of Ireland is Dublin. Ireland is part of the European Monetary Union and the monetary unit is the euro.

Ireland Company

There are several types of companies in Ireland. The types of legal entity types recognized by the Irish government are: Limited Company, Single member company, unlimited company, and Undertakings for Collective Investment in Transferable Securities (UCITS).

The Limited company is the most common entity in Ireland. The Limited company is a limited liability company. Four types of Limited companies are available in Ireland: A private company limited by shares, company limited by guarantee not having share capital, company limited by guarantee having a share capital, and a public limited company. A public company is required to have a minimum of seven members. Each company type must have at least two directors and one secretary. The secretary is allowed to be one of the company directors.

A single member company is a private company incorporated with one member. The company must have a minimum of two directors and a secretary. Single member companies can be a company limited by shares or a guarantee company having a share capital.

The Memorandum of association and articles of association must be filed with the Irish government to incorporate the company.